Two-Level Office
New
For Sale
$625,000
830 Faith Road, Salisbury, NC 28146
Commercial Sale, Salisbury, NC
Property Size2,500 SF
Lot Size0.25 Acres
Price / SF$250
Days on Market2
Property Features for 830 Faith Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
RMX
Zoning description
RMX
Bathrooms
1
Full bathrooms
1
Rooms
Bathroom 1
Parking features
Parking Lot
Lot features
Corner Lot, Level
Standard status
Active
APN
071195
Lot size
0.25 Acres
Taxes and HOA fees
Tax Description
.25AC
Legal Description
.25AC
Utilities
Sewer type
Public Sewer
Heating system
Heat Pump (Heating)
Cooling system
Heat Pump
Building Details
Year built
2002
Floors in Building
2
Building materials
Brick Full
Listing Agency:
TMR Realty, Inc.
(704) 245-6184
Listed By:
Mechelle Kuld · License #280063
(704) 310-6414
Added: Oct 13
Changed: Oct 14
Last Checked: Oct 14 at 9:06PM
MLS# 4434276
Copyright © 2026 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Built in 2002, this two-level brick office property has multiple offices and a bathroom on the main floor. The upper floor contains two open areas that can accommodate office, flex, or storage functions. The site measures 0.25 acres and includes a paved parking lot.
The property occupies the corner of Jake Alexander Boulevard and Faith Road in Salisbury. RMX zoning allows a range of potential uses, including professional offices, medical clinics, studios, community facilities, and religious institutions, subject to City of Salisbury approval.
The property occupies the corner of Jake Alexander Boulevard and Faith Road in Salisbury. RMX zoning allows a range of potential uses, including professional offices, medical clinics, studios, community facilities, and religious institutions, subject to City of Salisbury approval.
Key Highlights
- Two‑level brick office building constructed in 2002
- 0.25‑acre site with a paved parking lot
- Main floor includes multiple offices and a bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$43,845
Cap Rate
7.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$876,900
$876.9K
Cap Rate 7%
$626,357
$626.4K
Cap Rate 9%
$487,167
$487.2K
Market Conditions
NOI Build-Up for 2,500 SF
Gross rent
$65.1K $26.04/SF
− Vacancy
−$6.6K −$2.66/SF
EGI
$58.5K $23.38/SF
− OpEx
−$14.6K −$5.85/SF
NOI
$43.8K $17.54/SF
Area
Rowan County, NC
Vacancy
10.20%
Lease Rate
$26.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$876,900
Cap Rate 7%
$626,357
Cap Rate 9%
$487,167
Alternative Uses
Best Use
Office B
$626.4K
$548.1K – $730.8K
NOI $43,845 @ 7.0% cap · market cap 7.02%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$786.9K
$688.5K – $918.0K
NOI $55,080 @ 7.0% cap · market cap 8.81%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
134
Businesses Nearby
Explore this area
Business Placement
Demographics for 28146, NC
29,572
Population
14,111
Households
2.1
Avg Household Size
44
Median Age
24%
College-Educated
92%
High-School Grad
97.1 sq mi
ZIP Area
305
Density / Sq Mi
$67,053
Median Household Income
$43,106
Median Earnings
$888
Median Rent
$227,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office building - Paved parking serves a brick property with office and flexible upper-floor space.
Where is this office building located?
The property is located at 830 Faith Road Salisbury, NC.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Two‑level brick office building constructed in 2002; 0.25‑acre site with a paved parking lot; Main floor includes multiple offices and a bathroom
